Has anybody lately, transfered or started a new fideocomisio?
I am interested in costs and how much time it took.
Also what notario they used in Northern Baja.
Thanks for any advice.baronvonbob - 6-20-2012 at 08:15 PM
bumplarryC - 6-21-2012 at 08:40 AM
Haven't done one since '08 but then just the Notario's fee was $3500. I used Angel Saad notario #4 in Ensenada.
LarryDavidE - 6-21-2012 at 09:05 AM
If you can accept a gentle hint without blowing your top...
It's Fideicomiso
A fideocomiso would be a trust for noodles.baronvonbob - 6-21-2012 at 03:07 PM
Quote:
Originally posted by DavidE
If you can accept a gentle hint without blowing your top...
It's Fideicomiso
A fideocomiso would be a trust for noodles.
Ahhh I see the error of my ways.
But alas that is only the surface of my ignorance of Spanish! All corrections and lessons accepted graciously! Now my memory forgets the lessons
immediately but I still pretend that I remember
Thanks
I was quoted $6000 to transfer and was just comparison shopping!shari - 6-21-2012 at 03:32 PM
I understand it can be about 6-8 big ones depending on the property.
Something I learned as well is that it really isnt much of a convenience to buy a place with an existing Fideicomiso because it's about the same price
to disolve it and get a new one.Paladin - 6-21-2012 at 07:43 PM
This looks like a good time to ask a question I've had for years.
Assume you have some good friends and you get a Mexican Corp.
It looks like if you and your friends bought 3 or 4 or what ever small pieces of property you could save $15,000 to $20,000 in Fideicomiso Fees. That
would/should pay for years of Corp fees and tax filings. It should make the actual buying easier/quicker also.